1135 N Lyman Avenue, Covina, California 91724, Covina, 91724 - 4 bed, 3 bath
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1135 N Lyman Avenue
Covina, California 91724
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,331Sq Ft
76,561Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$581,935
SUMMARY
This 4-bedroom townhouse presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well below the $581,936 Fair Market Value by 1%. This valuation gap offers $6,936 in Instant Equity. Featuring a Fair Condition Rating, the property includes recent PEX plumbing and a 2020 kitchen remodel. Located near top-rated schools like Glendora High, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Covina location.
Estimated Market Value
$581,935
Based on Realkey algorithm analyzing recent comparable sales in Covina.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1135 N Lyman Avenue Subject | $575,000* List Price | 4 | 3 | 1,331 | $437 | - |
A 1176 N Sunflower Sold | $495,000 | 2 | 3 | 1,137 | $435 | 0.3 mi |
B 1160 N Sunflower Pending | $574,900 List Price | 2 | 3 | 1,251 | $460 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978, the property features a relatively recent kitchen update (2020), new tile flooring (2025), and upgraded PEX plumbing. However, the listing explicitly states the home needs repairs, updating, and TLC, and is being sold in its present condition, which aligns with the 'Fair' criteria for properties needing minor repairs and updates despite some newer components.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Glendora High School (9/10).
- Recent Infrastructure Upgrades
The property features significant recent improvements including PEX plumbing, newer toilets, 2025 tile flooring, and a 2020 kitchen remodel, reducing the immediate need for major system overhauls.
- High Bedroom-to-Price Value
Offering 4 bedrooms and 3 bathrooms at a $575,000 price point provides exceptional value and utility for larger families or investors seeking higher rental potential in Covina.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is being sold in its present 'as-is' condition and requires significant TLC and repairs, which may impact financing options and require immediate post-purchase capital.
- Townhouse Ownership Costs
As a townhouse, the property carries a $280 monthly association fee and lacks the full privacy and autonomy of a detached single-family residence.
About 1135 N Lyman Avenue
Opportunity Knocks! Great opportunity for first-time buyers, investors, or anyone looking for a property they can make their own. Property is being sold in its present condition and needs repairs, updating, and TLC. Improvements include tile flooring (2025), an updated kitchen (2020), newer toilets, and PEX plumbing. Bring your vision and see the potential this property has to offer. Disclaimer: Photos have been professionally edited for presentation purposes. Buyers are encouraged to view the property in person to verify its current condition.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 76,561 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $280.0 / Month
Neighborhood Insights
Covina Unified Schools
Glen Oak Elementary School
Grades K-6 • 0.3 mi
5/10
Cedargrove Elementary School
Grades K-6 • 0.8 mi
6/10
Willow Elementary School
Grades K-6 • 1.0 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.1 |
| Square foot | 1,331 | 1,614.25 |
| Lot Size | 76,561 | 2,832.4 |
| Price | $575.0K | $658.1K |
| Price per sq ft | $432 | $422 |
| Built year | 1978 | 2005 |
| HOA | $280.0 | $327 |
| Days on market | 16 | 95 |
Pricing History
Listed for Sale
Aug 24, 2026
$575,000
Initial Listing